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THIS MORNING: Global shares slipping into correction territory
Good morning, friends and welcome to another really busy news day. Before we get this show on the road, a…
Earnings watch: TMG Holding, Aspire Capital
EARNINGS WATCH- TMG Holding’s bottom line rose 8% y-o-y in 2021 to EGP 1.78 bn, the company said in its…
Beltone’s net losses widen in 2021
EARNINGS WATCH- Beltone Financial’s net losses widened to EGP 169.76 mn in 2021, from EGP 132.4 mn the previous year,…
Earnings watch: Telecom Egypt, Ezz Steel
EARNINGS WATCH- Telecom Egypt recorded a net income of EGP 8.4 bn in FY2021, up 75% y-o-y, according to the…
Earnings watch: Amer Group
EARNINGS WATCH- Amer Group’s bottomline rose 226% y-o-y in 2021 to EGP 83.2 mn, according to the company’s financials (pdf).…
EFG Hermes again tops EGX brokerage league table
EFG Hermes topped the EGX’s brokerage league table once again in February, with a market share of 25.1%, according to…
Market roundup on 27 February 2022
The EGX30 rose 2.6% at today’s close on turnover of EGP 541 mn (46.7% below the 90-day average). Foreign investors…
Russia steps up assault on Kyiv overnight — faces sanctions on its central bank and being cut off from SWIFT global banking network
Russia stepped up its assault on Kyiv overnight as the war in Ukraine enteredits fourth day. Here’s what you need…
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